Global oil traders Vitol and Glencore are in talks to financially back Nigerian firms racing to buy assets owned by Brazil’s Petrobras valued at up to $2 billion, several sources familiar with the matter said. Cash is being lined up for purchases of stakes in two major oilfields in the West African country, according to the banking and industry sources. The potential consortiums including Glencore and Vitol offer the local bidders financial backing that would otherwise be hard to secure… Read more